Patrick Ozanne - Savannah Real Estate- Coldwell Banker Platinum Partners
1492 E Oglethorpe Hwy
Hinesville, GA 31313

$3,767,000

Description

Applebee's in Hinesville in close proximity to Fort Stewart (50,000 soldiers/family members)! 8+ years remaining on an absolute NNN lease to largest Applebee's franchisee with 480 stores throughout the US. 1.38 acres with 2006 brick building with 6250 gross leaseable SF. This store performs 18% above the Applebee's national store sales average. Annual rent of $244,857.60 through 12/31/21, then increasing 10% to $269,343.36/year until 12/31/2026. Thereafter, there are three 5-year options with a 10% increase. Site sits on an outparcel to a Marriott Inn & Holiday Inn on Oglethorpe Hwy, which sees over 30,000 cars per day.

Details

MLS#8434820
StyleIndustrial
Sub-TypeResale
StatusActive
Year2006
Days On Site68

Features

SQ Feet6,250
Story(s)1
ZoningB2

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Area Information

StateGA
CountyLiberty
CityHinesville
Zip Code31313
AreaLBRT
Listing VS Median (in 31313)
Price:
$3,767,000
low | high
Med:
$174,950
100% of Average
SqFt:
6,250
low | high
Med:
0
100% of Average
$ / SqFt:
$603
low | high
Med:
$0
100% of Average
On Site:
68
low | high
Med:
35
100% of Average
Listing Updated: 10/19/2018
MLS Number: 8434820
Listing Provided By:
Sharon Black  of  Sharon Black Realty